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Celo drops 7% ahead of 204.65 million USD token unlock event

CELO token declined by 7% as traders brace for 562 million tokens, valued at 204.65 million USD, unlocking soon. The projected selling pressure raises market concerns.

CELO’s trading volume fell by 4.91% to 14.53 million USD, indicating investor caution amid the impending token unlock.

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